In this paper an empirical model is developed where the collective household model is used as a basic framework to … describe the time allocation problem. The collective model views household behavior as the outcome of maximizing a household … individual utility functions and the household power weight distribution, which is parameterized per household. The model is …

time to different activities. In order to do so, we empirically estimate a collective household labor supply model. The … main findings are that: (1) Leisure and household income are the most important variables in the utility function of the … male; (2) Leisure, total household production and total household production interacted with family size are important …

New methodology for producing employment microsimulations is introduced, with a focus on farms and household nonfarm … enterprises. Previous simulations have not dealt with the issue of reduced production in farm and nonfarm household enterprises … when household members are placed in paid employment. In this paper, we present a method for addressing the trade …

This paper analyzes the intra-household distribution of wealth and welfare in the United States, within a theoretical … framework based on a collective model of labor supply, where household decisions are Pareto efficient, and spouses negotiate a … wives tend to be more altruistic in comparison to their husbands regarding the intra-household allocation of income, which …

lifecycle collective model of the household, through which it characterizes behavior in three prominent alternative types of … contemporaneous and historical news affect household behavior. Our test permits heterogeneity in the degree of commitment across …